Small font size A Larger text size A Largest text size A

BRIEF-S&P Affirms Ratings On Saudi Arabia At 'A+/A-1' With 'Stable' Outlook

BY Reuters | CORPORATE | 05:59 PM EDT

March 14 (Reuters) - S&P:

* S&P: RATINGS ON SAUDI ARABIA AFFIRMED AT 'A+/A-1'; OUTLOOK STABLE

* S&P: STABLE OUTLOOK REFLECTS VIEW THAT SAUDI ARABIA WILL BE ABLE TO WEATHER THE ONGOING REGIONAL CONFLICT

* S&P: CURRENT BASE CASE IS THAT MAIN THREATS TO SAUDI ARABIA WILL BEGIN TO FADE BY END OF MARCH AS TENSIONS IN REGION BEGIN TO FALL

* S&P: SAUDI ARABIA CAN MITIGATE CLOSURE OF STRAIT OF HORMUZ BY SHIFTING HYDROCARBON EXPORTS TO RED SEA PORT OF YANBU VIA EAST-WEST OIL PIPELINE

More Fixed Income News

Powell's attorneys discussed the possibility of his remaining on Fed board BY Reuters |ECONOMIC 06:53 PM EDT
Federal Reserve turned to Biden special prosecutor in DOJ subpoena fight BY Reuters |ECONOMIC 06:46 PM EDT
BRIEF-S&P Affirms Ratings On Saudi Arabia At 'A+/A-1' With 'Stable' Outlook BY Reuters |CORPORATE 05:59 PM EDT
Warsh Fed nomination stays on hold while legal battle over Powell continues BY Reuters |ECONOMIC 05:27 PM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article